John D and Catherine T Macarthur

CHICAGO, IL EIN: 23-7093598

The John D. and Catherine T. MacArthur Foundation is a private grantmaking foundation based in Chicago, Illinois, with additional locations in India and Nigeria. Incorporated in 1970 and granted charitable status in February 1971, the foundation was founded by John D. MacArthur, a midwestern businessman and real estate magnate who built his fortune primarily through ownership and development of Bankers Life and Casualty Co. of Chicago. The foundation operates as an independent 501(c)(3) organization and is classified as a private grantmaking foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3B

+7.4% YoY

Annual Giving

$356.1M

+11.0% YoY

Grant Count

1,086

-25.9% YoY

Avg Grant Size

$328K

+49.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation is committed to building a more just, verdant, and peaceful world. It supports creative people and effective institutions working toward transformative change on pressing social issues.

Primary focus areas include:

  • Climate change and environmental conservation
  • Criminal justice reform
  • Revitalizing local news in the United States
  • Artificial intelligence governance and expanding who creates, uses, and benefits from AI
  • Strengthening the well-being of Native communities
  • Empowering young people in Nigeria
  • Journalism and its role in a responsible and responsive democracy
  • Strengthening the vitality of Chicago
  • Human rights and global security
  • Making cities better places
  • Understanding technology's impact on children and society

Grantmaking

The foundation makes grants across multiple program areas:

Grant Range

$75,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation funds primarily in Illinois, New York, and the District of Columbia, with international work in India and Nigeria.

Grant Distribution by State

52states
+44 more states

Cities

AccordAddisonAlbanyAlbuquerqueAlexandriaAllentownAlpineAmericusAmherstAnchorageAndoverAnn ArborAnnandaleonhudsonAnnapolisAppletonArcataArlingtonArlington HtsAshburnAsheville

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $9,311,570,852
  • Total Revenue: $890,851,721
  • Total Expenses: $414,659,854
  • Total Liabilities: $661,000,000

As of 2023:

  • Total Assets: $8,672,283,398 (ledger value)
  • Total Income: $5,198,007,273

The foundation is ranked 92nd among U.S. foundations by assets.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$245M$490M$735M$980M20202021202220232024
Metric202420232022
Total Assets$9,311,570,852$8,672,283,398$8,229,029,493
Revenue$890,851,721$613,786,298$-1,307,634
Expenses$414,659,854$415,250,452$260,263,897
Qualifying Distributions$468,169,033$417,507,266$390,078,271
Net Investment Income$791,986,861$591,188,118
Distributable Amount$428,654,370$418,691,836$449,318,207

Giving Over Time

Total grant dollars and number of grants per year

$0$89M$178M$267M$356M1,528 grants20201,587 grants20211,487 grants20221,465 grants20231,086 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ACENTO ACCION LOCAL ASOC…$2.0MAFEF INC$1.0MALL VOTING IS LOCAL$1.0MALLIANCE FOR YOUTH ORGAN…$1.0MACADIA CENTER$925KALLIANCE FOR A JUST SOCI…$750KALLIANCE FOR SAFETY AND …$600KACTION FOR THE CLIMATE E…$500KAGORA POLICY ADVISORY LT…$500KAIR ALLIANCE HOUSTON$500K

Grant Size Distribution

250 grants across all recorded years

89<$50K27$50–100K65$100–250K31$250–500K22$500K–1M16$1–5M$5M+

Open Grants

5 open opportunities from John D and Catherine T Macarthur

Show all 5 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board leadership includes:

  • Martha Minow (Director / Board Chair)
  • Stephanie K. Bell-Rose (Director)
  • Lillian Constance Jen (Director)
  • Julie T. Katzman (Director)
  • Paul Klingenstein (Director)
  • James Manyika (Director)
  • Sendhil Mullainathan (Director)
  • Cecilia Munoz (Director)
  • Olufunmilayo Olopade (Director)
  • Juan Salgado (Director)

The foundation employs 201 staff members.

Compensation Overview

From 2024 IRS filing

SUSAN E MANSKEVP / CHIEF INVESTMENT OFFICER$2.5MJOHN G PALFREYDIRECTOR / PRESIDENT$1.1MJOSHUA J MINTZVP / GENERAL COUNSEL / SECRE…$716KKENNETH M JONES IISENIOR VP / CHIEF OPERATING …$698KMARTHA L MINOWBOARD CHAIR$45KJUAN SALGADOBOARD TRUSTEE$28KPAUL KLINGENSTEINBOARD TRUSTEE$28KLILLIAN CONSTANCE JENBOARD TRUSTEE$27KCECILIA MUNOZBOARD TRUSTEE$27KSENDHIL MULLAINATHANBOARD TRUSTEE$27KSTEPHANIE K BELL-ROSEBOARD TRUSTEE$26KOLUFUNMILAYO I OLOPADEBOARD TRUSTEE$26KDR RUTH J SIMMONSBOARD TRUSTEE$26KAMY FALLS AS OF 0624BOARD TRUSTEE$14KJULIE T KATZMAN THRU…BOARD TRUSTEE$14KWILLIAM F LEE AS OF …BOARD TRUSTEE$14KJAMES MANYIKA THRU 0…BOARD TRUSTEE$10KJAMES CASSELBERRYARC BOARD TRUSTEE$10KTRINITA LOGUEARC BOARD TRUSTEE$10KALONDRA NELSON AS OF…BOARD TRUSTEE$9K

From 2024 filing

NameTitleHoursCompensation
JOHN G PALFREYDIRECTOR / PRESIDENT50$1,113,955
KENNETH M JONES IISENIOR VP / CHIEF OPERATING OFFICER50$697,637
JOSHUA J MINTZVP / GENERAL COUNSEL / SECRETARY50$715,572
SUSAN E MANSKEVP / CHIEF INVESTMENT OFFICER50$2,512,127
MARTHA L MINOWBOARD CHAIR7$44,875
STEPHANIE K BELL-ROSEBOARD TRUSTEE4.5$26,000
AMY FALLS AS OF 0624BOARD TRUSTEE4.5$14,000
LILLIAN CONSTANCE JENBOARD TRUSTEE4.5$27,000
JULIE T KATZMAN THRU 0624BOARD TRUSTEE4.5$14,000
PAUL KLINGENSTEINBOARD TRUSTEE4.5$27,500
WILLIAM F LEE AS OF 0624BOARD TRUSTEE4.5$14,000
JAMES MANYIKA THRU 0324BOARD TRUSTEE4.5$10,000
SENDHIL MULLAINATHANBOARD TRUSTEE4.5$26,500
CECILIA MUNOZBOARD TRUSTEE4.5$27,000
ALONDRA NELSON AS OF 0624BOARD TRUSTEE4.5$9,000
OLUFUNMILAYO I OLOPADEBOARD TRUSTEE4.5$26,000
JUAN SALGADOBOARD TRUSTEE4.5$28,000
DR RUTH J SIMMONSBOARD TRUSTEE4.5$25,500
JAMES CASSELBERRYARC BOARD TRUSTEE1$10,000
TRINITA LOGUEARC BOARD TRUSTEE1$10,000

Recent News & Activity

Recent developments and announcements

The foundation has announced several recent initiatives and grants:

Awarded $10 million to strengthen the humanities

MacArthur Awards $10 Million to Strengthen the Humanities

Selected 22 artists, scientists, and authors for MacArthur Fellowship grants at $800,000 each

22 artists, scientists and authors selected for $800,000 MacArthur ...
2025

Announced 2025 MacArthur Fellows selections

Here are the 2025 MacArthur fellows - NPR

Awarded $1.75 million to support global reporting initiatives

PRI Receives $1.75 Million Dollar Grant from the John D. and Catherine T.

Announced a $2 million new digital media and learning competition

MacArthur Announces $2 Million New Digital Media and Learning Competition
2025

Reflected on 2025 work in Chicago, supporting community resilience and courage

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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